What a difference a few months can make. It seems like a lifetime ago that Arthur Hayes, CEO of cryptocurrency derivatives platform BitMEX, predicted that the bitcoin price could reach $ 50,000 in 2018. In fact, it has been less than six months, though the events that have occurred during that interlude have been sufficient for

Bitcoin on Thursday is trending inside a narrow trading channel, sustaining the 1 percent gain it made the previous day. The BTC/USD instrument is rebounding from the highs made during the Wednesday trading session, now 0.67 percent down at 6307-fiat. The high ticks in bitcoin’s volume index somewhat explain how new money has entered the

Over the last 24 hours, Bitcoin has slightly recovered from $ 6,230 to $ 6,260, unable to breakout of the $ 6,300 mark. Throughout the upcoming days, if Bitcoin fails to stabilize in the $ 6,300 to $ 6,400 range, the price of BTC is at risk of dropping to the lower region of $ 6,000 and possibly below the $ 6,000

Another week has passed as bitcoin continues to coil in a tighter and tighter consolidation. Both price and volume continue to consolidate as bitcoin decides where the next major move will be. A trend of higher lows and lower highs shows a balance of both supply and demand, but ultimately one will win out:

Most cryptocurrency markets still remain stuck in the dirt for the time being. More specifically, Bitcoin remains in the red and most altcoins will not see any major changes as long as this situation remains in place. Nano is one notable exception in this regard, as it is well underway to hit $ 2 once again.

Nano Price Momentum Becomes Interesting

It is always interesting to see how different cryptocurrency markets respond to new challenges. Although it is evident a lot of currencies heavily rely on Bitcoin first and foremost, Nano shows things can be done slightly differently. Its current momentum is rather promising first and foremost right now, although the low trading volume might effectively cause some issues along the way.Read more...

A lot of cryptocurrencies are slowly digging themselves out of a hole right now. While the top 20 currencies are doing so in anything but spectacular fashion, a lot of interesting things are happening beyond the top 20. Electroneum is looking for ways to recover some losses and return to the $ 0.02 level in the near future. Read more...

Nearly all cryptocurrencies remain in the red for the time being. That is an unfortunate development, although the momentum will turn around eventually. One currency struggling quite a bit is TRON, as the altcoin is not finding any stable ground lately. The most recent push to surpass $ 0.023 was pushed down in violent fashion, and a new attempt might not materialize soon. Read more...

Jefferies Group has initiated coverage on Apple (AAPL) after a three-year hiatus, placing an outperform rating and a $ 265 price target on the stock, representing a 24.8% upside from the current price. According to a recent report by AppleInsider, Timothy O’Shea of Jefferies reinitiated the coverage, citing the company’s services growth as the main driver of […]SludgeFeed

The downside pressure renewed in the bitcoin market after two weeks of firm action. The bitcoin-to-dollar exchange rate on Monday dropped by more than 3 percent, breaking below the critical support level near 6300-fiat. The pair formed intraday lows on a downtrend towards 6212-fiat, only to find a weak bullish sentiment. The price has corrected

The bitcoin price took a southward turn on Monday, dropping beneath $ 6,300 as the cryptocurrency market experienced a jolt of volatility. Bitcoin had been uncharacteristically stable in recent weeks, so much so that its price briefly became less volatile than major Wall Street stocks including Amazon and Netflix. However, trading volume began to tick up

Most of the cryptocurrency price action is taking place well outside the top 20 once again. That is not entirely abnormal, as smaller-cap altcoins take far less momentum to note big gains. In the case of MobileGo, its most recent uptrend has pushed the value close to $ 0.8, and it seems $ 1 is a potential target to be hit in the coming days. Read more...

At press time, the father of cryptocurrency is still trapped in the $ 6,400 range, where it’s been for roughly 11 days. Though the price has remained relatively stable and volatility has been at an all-time low, it’s hard to describe bitcoin as “exciting.” The currency simply won’t move; it has recovered somewhat from a $ 300 drop it incurred roughly two weeks ago, but no serious price swells have occurred. Read more...

As we’ve previously discussed, bitcoin price volatility is a main area of concern for people who are thinking about moving into the world of cryptocurrency for the first time. This is an issue that can only be solved with time, but it’s possible that smart contracts will be able to enable a bit more stability for those who seek it over the short term.

What is a Smart Contract?

“Smart contract” is a term that every new blockchain-related project stuffs into their marketing materials, but the technical meaning of this phrase has been mostly lost in all of the hype around applying this new technology to almost every aspect of our daily lives.Read more...

The Bitcoin-to-dollar exchange rate on Friday remained entrenched into the stable territory amid low volume. The BTC/USD is currently trading at 6406-fiat, just 0.42 percent above its intraday low. The pair continues to bounce between a $ 58 wide range, providing day traders plenty of profitable opportunities to enter and exit the market on every pullback

As all top cryptocurrencies are moving upward once again due to some recent developments, all eyes are turning to Litecoin right now. Not necessarily because there is a relatively new development affecting LTC, but mainly because it can usually generate some positive momentum with little effort. A push to $ 55 is not out of the question by any means.

Litecoin Price Momentum is Picking Up

Not much has happened in the Litecoin price department over the past month. That is not entirely surprising, as all top cryptocurrencies have seen a steady decline and plenty of sideways trading momentum. Litecoin is no exception in this regard, although a small nudge in the right direction can make a world of difference moving forward. Read more...